UK manufacturing growth edges up as input and selling prices rise

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The RBI has proposed a common framework for loan pricing, including benchmark-linked rates, board-approved pricing policies and tighter rules on loan spreads. The draft also proposes APR caps for small-value and microfinance loans.

Dalal Street opened the week with a significant decline as the BSE Sensex dropped by more than 500 points. This downturn was driven by investor apprehension over climbing crude oil prices and heightened geopolitical tensions in the Middle East. Concerns about India’s import bill and inflation loom large amid ongoing foreign selling.